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everybody's focused on the pledge and grover norquist about taxes. more than half of house democrats signed a pledge saying they will not envision any reform to the social security and medicare system. that is the pledge we should be looking at. ashley: we know where you stand on this one. thank you so much for joining us. just kind of taking it down the road, not a good situation for anyone. tracy: if republicans agree to tax increases now, we know how that goes. you don't get it. all right, stocks closely watching the fiscal cliff talks. coming up, chief investment officer will tell us what will happen if there is a deal where if there is no deal. ashley: michael bloomberg crack a joke the only people buying egos. he could soon become one of those. as it everyday at this time, take a look at how oil is trading moving slightly lower even though the suggestion demand from china is off, oil down slightly by $0.10, 85.83 per barrel. tracy: it is time to make some money with charles payne. this hour he is looking at online networking site linked in. get
everybody's focused on the pledge and grover norquist about taxes. more than half of house democrats signed a pledge saying they will not envision any reform to the social security and medicare system. that is the pledge we should be looking at. ashley: we know where you stand on this one. thank you so much for joining us. just kind of taking it down the road, not a good situation for anyone. tracy: if republicans agree to tax increases now, we know how that goes. you don't get it. all right,...
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grover norquist, that anti-tax pledge guru, his relevance is probably going to go away if taxes go up. he might want to start a marriage equality pledge for republicans to sign. just saying. >> that's a very good idea, thomas. maybe i should write something about that. >> he's part of go proud. gentlemen, thanks so much. just an idea. if it happens, i don't even want 10%. you know? >>> we do have two very special guests coming up on the show tomorrow i want to tell you about. the latest issue of jet magazine getting a lot of buzz. for the first time ever the magazine features a gay couple in its popular section for high profile wedding announcements. that couple, robi perry and paris prince of worcester, massachusetts, they're going to join me tomorrow 11:30 a.m. eastern time. huge significance of that couple's story there. >>> here's a look at stories topping the news now. the u.s. navy s.e.a.l. killed in the hostage rescue operation in afghanistan sunday has been identified as 28-year-old nicolas decheck. a highly decorated combat vet from monroeville, p.a. the embargo on his name j
grover norquist, that anti-tax pledge guru, his relevance is probably going to go away if taxes go up. he might want to start a marriage equality pledge for republicans to sign. just saying. >> that's a very good idea, thomas. maybe i should write something about that. >> he's part of go proud. gentlemen, thanks so much. just an idea. if it happens, i don't even want 10%. you know? >>> we do have two very special guests coming up on the show tomorrow i want to tell you...
WHUT (Howard University Television)
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one is to grover norquist. one is to the constitution of the united states. which one am i going to honor?" and that's the choice they have to make. and you have to be honest about the conversation. because on the tax raising side of it, you know, the argument is, "we're going to tax the multimillionaires." but actually, the proposal is $250,000. it's not millionaires and it's not multimillionaires. and so, there's dishonesty coming from both sides and both sides digging in their heels and saying, you know, "we're just not going to budge." and you can't operate that way. that's why i say they should act as americans, not republicans and democrats. this is not about fixing the problems of the country. it's about the elections of 2014. >> let me play for you an interview that norquist did with politico's mike allen. >> this president is not going to extend. he knows that he loses his leverage that way. >> okay, well, the republicans also have other leverage: continuing resolutions on spending and the debt ceiling increase. they can give him debt ceiling increas
one is to grover norquist. one is to the constitution of the united states. which one am i going to honor?" and that's the choice they have to make. and you have to be honest about the conversation. because on the tax raising side of it, you know, the argument is, "we're going to tax the multimillionaires." but actually, the proposal is $250,000. it's not millionaires and it's not multimillionaires. and so, there's dishonesty coming from both sides and both sides digging in their...
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special guest, grover norquist, senators from both sides of the aisle. reaching common ground on a debt deal. it all starts tomorrow at 6:00 a.m. eastern. tdd# 1-800-345-2550 you should've seen me today. tdd# 1-800-345-2550 when the spx crossed above its 50-day moving average, tdd# 1-800-345-2550 i saw the trend. tdd# 1-800-345-2550 it looked really strong. tdd# 1-800-345-2550 and i jumped right on it. tdd# 1-800-345-2550 tdd# 1-800-345-2550 since i've switched to charles schwab... tdd# 1-800-345-2550 ...i've been finding opportunities like this tdd# 1-800-345-2550 a lot more easily. tdd# 1-800-345-2550 like today, tdd# 1-800-345-2550 i was using their streetsmart edge trading platform tdd# 1-800-345-2550 and i saw a double bottom form. tdd# 1-800-345-2550 i called one of their trading specialists tdd# 1-800-345-2550 and i bounced a few ideaf of tdd# 1-800-345-2550 they're always there for me. tdd# 1-800-345-2550 and i've got tools that let me customize my charts tdd# 1-800-345-2550 and search for patterns as they happen. tdd# 1-800-345-2550 plus webinar
special guest, grover norquist, senators from both sides of the aisle. reaching common ground on a debt deal. it all starts tomorrow at 6:00 a.m. eastern. tdd# 1-800-345-2550 you should've seen me today. tdd# 1-800-345-2550 when the spx crossed above its 50-day moving average, tdd# 1-800-345-2550 i saw the trend. tdd# 1-800-345-2550 it looked really strong. tdd# 1-800-345-2550 and i jumped right on it. tdd# 1-800-345-2550 tdd# 1-800-345-2550 since i've switched to charles schwab... tdd#...
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they take an allegiance to grover norquist. give me a break. the allegiance should go to the united states of america were host: is your solution? caller: i would get rid of all of them, that's what i would do, thank you. host: will leave the bear. -- we will leave it there. caller: i have two questions. everybody keeps referring to social security as an entitlement. i paid into that, it is not an entitlement, it is mine. i have not heard any comments about all the people who pay absolutely no taxes at all. i will hang up. thank you. guest: social security qualifies as an entitlement in the sense that is not an annual appropriation. this is a technical term in washington that you get back much more than you put in and you qualify for it because of certain checklists we created wendell: was put together. in that sense, it is an entitlement, not different in medicare. from one of our viewers -- guest: they are unwilling to pull the trigger and make the investments. you can say the problem is conference but we cannot read every business executives
they take an allegiance to grover norquist. give me a break. the allegiance should go to the united states of america were host: is your solution? caller: i would get rid of all of them, that's what i would do, thank you. host: will leave the bear. -- we will leave it there. caller: i have two questions. everybody keeps referring to social security as an entitlement. i paid into that, it is not an entitlement, it is mine. i have not heard any comments about all the people who pay absolutely no...
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grover norquist -- both ways. political forces, wherever their ideology is grounded, as long as the system remains open tand pluralistic, but will be forced -- we see this in indonesia. in 2002, the islamist parties got 41% of the vote. the decline over the last couple of years to about 29%. i believe we are in the early stages of transformation in the middle east. we will talk about that complex competition for power. a final point -- i hope we debated a little bit. it is the issue of u.s. policy. it is my view that two years into this transition in the middle east -- and i avoid calling it arab awakening or arab spring. it is too early to characterize it. we've only seen about four countries, senior leaderships' change. -- seen their leadership's change. how we actually change and adapt and become more nimble, both in terms of how we deal with political islam and all other actors, we need to figure out how to most judiciously engage and offer support to non islamist forces. if you look a the most recent election
grover norquist -- both ways. political forces, wherever their ideology is grounded, as long as the system remains open tand pluralistic, but will be forced -- we see this in indonesia. in 2002, the islamist parties got 41% of the vote. the decline over the last couple of years to about 29%. i believe we are in the early stages of transformation in the middle east. we will talk about that complex competition for power. a final point -- i hope we debated a little bit. it is the issue of u.s....
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have you ever spoken to grover norquist? >> yes, i have and i conveyed my feelings and he seemed to be okay with that. again, i agree with congressman cole. we need to get the economy growing to increase that revenue and i just want to remind you, too, i'm not a member of congress yet. i won't be sworn in until january 3rd, then after that point, i'll get sworn out, i'm sure. >> you're a lucky guy for the next 30 days. enjoy it. >> thanks very much for joining us. we appreciate i. representative tom cole from oklahoma and congressman elect ted yoho from florida. >>> coming up, low taxes have been an article of faith among republicans for decades, but is the gop willing to take us over the cliff just to avoid a small marginal increase for the top 2%? we'll delve into the math, next. to test the 2.0-liter turbo engine. [ engine revs ] ♪ [ derek ] 272 horsepower. the lightest in its class. the cadillac ats outmatches the bmw 3 series. i cannot believe i have ended the day not scraping some red paint off on these barriers. ♪
have you ever spoken to grover norquist? >> yes, i have and i conveyed my feelings and he seemed to be okay with that. again, i agree with congressman cole. we need to get the economy growing to increase that revenue and i just want to remind you, too, i'm not a member of congress yet. i won't be sworn in until january 3rd, then after that point, i'll get sworn out, i'm sure. >> you're a lucky guy for the next 30 days. enjoy it. >> thanks very much for joining us. we...
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bob corker, the republican in the senate said he would break the grover norquist push. he didn't talk about the tax rates. as we all know, the key is the president's and democrats insistence on the rate going up from 35 to 39n't 6%. this week, he was much more specific. he's saying to republicans, hey, cut our losses now and live to fight another day. here he is. >> has a growing group of folks looking at this and realizing we don't have a lot of cards as it relates to the tax issue. we have one house, that's it. the presidency and the senate in the democrats hands. a lot of people are putting forth a theory. i think it has merit. you go in and give the president the 2% increase that he's talking about. the rate increase on the top 2%. all of a sudden, the shift goes back to entitlements. >> what corker is also saying, what he went on to say is when we hit the debt ceiling next year, in february, then republicans are going to have the leverage then. that's something the president dispu disputed. one problem, bob corker is a senator, he's not in the house of representati
bob corker, the republican in the senate said he would break the grover norquist push. he didn't talk about the tax rates. as we all know, the key is the president's and democrats insistence on the rate going up from 35 to 39n't 6%. this week, he was much more specific. he's saying to republicans, hey, cut our losses now and live to fight another day. here he is. >> has a growing group of folks looking at this and realizing we don't have a lot of cards as it relates to the tax issue. we...
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they take an allegiance to grover norquist. give me a break. the allegiance should go to the united states of america were host: is your solution? caller: i would get rid of all of them, that's what i would do, thank you. host: will leave the bear. -- we will leave it there. caller: i have two questions. everybody keeps referring to social security as an entitlement. i paid into that, it is not an entitlement, it is mine. i have not heard any comments about all the people who pay absolutely no taxes at all. i will hang up. thank you. guest: social security qualifies as an entitlement in the sense that is not an annual appropriation. this is a technical term in washington that you get back much more than you put in and you qualify for it because of certain checklists we created wendell: was put together. in that sense, it is an entitlement, not different in medicare. host: here's a quick comment from one of our viewers -- guest: they are unwilling to pull the trigger and make the investments. you can say the problem is conference but we cannot r
they take an allegiance to grover norquist. give me a break. the allegiance should go to the united states of america were host: is your solution? caller: i would get rid of all of them, that's what i would do, thank you. host: will leave the bear. -- we will leave it there. caller: i have two questions. everybody keeps referring to social security as an entitlement. i paid into that, it is not an entitlement, it is mine. i have not heard any comments about all the people who pay absolutely no...
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. >> and we have also made this about grover norquist. if i hear about him one more time. this is absolutely ridiculous. >> peter king's wife better not meet grover norquist because we know what she is going to do. doug, it seems that both sides are kind of, you know, saying well, i will blame the other side, i will blame the other side. the republicans can't each get together to say we'll blame the other side. they just think we are going to figure this thing out. >> here is the real problem. neither side is doing what was done in the mid 90's when president clinton and newt gingrich got together which is putting politics second, the country first and bargaining. all this kabuki play of a pluck relations fight is frankly insulting to the american people and destructive. >> you know why? i mean, this was a billion-dollar race. there is money on the line and now it's become so political that i don't even think we can. >> the point is we have lost that sense of people who put the country before politics. and that didn't start after this election. this has been going on for t
. >> and we have also made this about grover norquist. if i hear about him one more time. this is absolutely ridiculous. >> peter king's wife better not meet grover norquist because we know what she is going to do. doug, it seems that both sides are kind of, you know, saying well, i will blame the other side, i will blame the other side. the republicans can't each get together to say we'll blame the other side. they just think we are going to figure this thing out. >> here is...
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the sort of grover norquist and he's a funny kind much a guy and during the interviews, endearing, and put the burden on him and the third is rebellion and charles krauthammer and steve forbes and the media like that story the least. >> i think there's a 6th story, jim. which is the media that quote progressive media of msnbc, tipping down to the white house to have an earnest chat to chat with the president about how important not going over the fiscal cliff is, and how important it is that they persuade their viewers to lean on those people who oppose them, so that they can actually avoid the cliff. that's amazing. >> you know, the media did not include the people who are not included, there was tom hartman, allen colmes and a lot of people who the white house left out of that meeting and in terms of who they put up and put out. media put out the story without doing their homework. >> there was a column by george will, bewitched by obama, even jonathan swift who said that promises and pie crusts are made to be broken and marvelled at the limited shelf life of a barack obama's promise
the sort of grover norquist and he's a funny kind much a guy and during the interviews, endearing, and put the burden on him and the third is rebellion and charles krauthammer and steve forbes and the media like that story the least. >> i think there's a 6th story, jim. which is the media that quote progressive media of msnbc, tipping down to the white house to have an earnest chat to chat with the president about how important not going over the fiscal cliff is, and how important it is...
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grover norquist also an outsider, as you mentioned. clearly that works. the other piece about scott that i think is so interesting, even though as you pointed out, he is not on my cell we are not texting, we are not calling. >> but i would be the first to get up and give credit to a republican party that thought more about how to include minority voices in leadership. it's something they have struggled with. they should do it. and policy is important too there is a whole question around civil rights. i would argue way behind. but representation matters. jay-z famously said on his most recent album, when you see me, see you. politics works the same way. you want success to be shared. you want it to be represented. and i would urge the republicans to think long and hard about how to have a leadership structure that looks more like america. >> you just dropped the mic. i love it. i love it. more from the brain trust on the other side of this break as the supreme court is about to take up same-sex marriage. it is being called a watershed moment in the fight f
grover norquist also an outsider, as you mentioned. clearly that works. the other piece about scott that i think is so interesting, even though as you pointed out, he is not on my cell we are not texting, we are not calling. >> but i would be the first to get up and give credit to a republican party that thought more about how to include minority voices in leadership. it's something they have struggled with. they should do it. and policy is important too there is a whole question around...
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yoho, have you ever spoken to grover norquist? >> i have had the opportunity to speak to him. icon vaed my feelings. he seemed okay with that. i agree with congressman cole. we have a spending problem in this country. we've got the revenue. we need to get the economy growing to increase that revenue. i just want tori mind you, too, i'm not a member of congress yet. i'm sworn in january 3. after that i will be sworn at, i'm sure. >> you're a lucky guy for the next 30 days. enjoy it. >> gentlemen, thank you very much for joining us. we appreciate it. representative tom cole from oklahoma and congressman elect ted yoho from florida. >>> coming up, low taxes have been an article of faith among republicans for decades. is the gop willing to take us over the cliff to avoid a small marginal increase for the top 2%? we'll delve into the philosophy and the math next. [ ross ] the streets of monaco, home of the legendary grand prix circuit. the perfect place to bring the all-new cadillac ats to test the 2.0-liter turbo engine. [ engine revs ] ♪ [ derek ] 272 horsepower. the lightest i
yoho, have you ever spoken to grover norquist? >> i have had the opportunity to speak to him. icon vaed my feelings. he seemed okay with that. i agree with congressman cole. we have a spending problem in this country. we've got the revenue. we need to get the economy growing to increase that revenue. i just want tori mind you, too, i'm not a member of congress yet. i'm sworn in january 3. after that i will be sworn at, i'm sure. >> you're a lucky guy for the next 30 days. enjoy it....
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you've called grover norquist's pledge handcuffs. are all absolute positions handcuffs for a lawmaker? >> you know what, look at what's going on right now. you have one side saying we're not doing any spending cuts. the other side saying we're not doing any tax cuts. raising taxes. it's a stalemate from the get go. again you have to look at what we're trying to accomplish. and the bigger picture is we're looking at $16.2 trillion in debt. and with either plan that we look at, whether it's mr. obama's or what's been reported on the republican side, our national debt will increase anywhere from 7.7 trillion to 9.1 trillion in the next 10 years. and that's added onto the 16.2 trillion. we need to look at the amount of debt that we've incurred. and we need to work at that to reduce that. and again, it goes back to growing an economy. >> all right. well, thank you very much. florida's congressman elect ted yoho. please next time all my alex. >> thank you. >>> in 13 days some believe the world will come to an end. we got to talk about that
you've called grover norquist's pledge handcuffs. are all absolute positions handcuffs for a lawmaker? >> you know what, look at what's going on right now. you have one side saying we're not doing any spending cuts. the other side saying we're not doing any tax cuts. raising taxes. it's a stalemate from the get go. again you have to look at what we're trying to accomplish. and the bigger picture is we're looking at $16.2 trillion in debt. and with either plan that we look at, whether it's...
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and by the way, after all the debate in washington, that violates the grover norquist americans for tax reform pledge. because you took away a tax break without giving an additional tax breaks or else. what we ought to do is give a break to our kids. >> host: next call, baby, you've been very patient. go ahead. >> caller: yes, but it's an honor to talk to you. pleasure to listen to you. i have two comments come one and social security. i the brother who is in his '60s and his two children under the age of 18. he received $1200 a month in social security. i about dropped when i heard that because him and his wife do not need that money. >> guest: how old is he? >> caller: 67 i think the. i never even knew that older americans who have children, were allowed to get social sturdy for the children. i was floored. if i am you know, interpreting this record the other comment was you are so right if the consumer had some money in the game as far as health care, i remember when our co-pay was $15 but i think i overuse my medical interest but as soon as it went to $25, i woke up and went, i don'
and by the way, after all the debate in washington, that violates the grover norquist americans for tax reform pledge. because you took away a tax break without giving an additional tax breaks or else. what we ought to do is give a break to our kids. >> host: next call, baby, you've been very patient. go ahead. >> caller: yes, but it's an honor to talk to you. pleasure to listen to you. i have two comments come one and social security. i the brother who is in his '60s and his two...
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but grover norquist is smart on this. even if it's more efficient, that makes it easier to raise taxes. i worry the compromise here is a tax code that gets high enough it's hurting the country because republicans one allow creation of real tax reform that would support it. >> the other problem. i totally agree. the other problem, you end up in a situation where we on the books have a progressive system. even compared to other countries. we pay much less in taxes overall, and we have much stingier-defined public goods. that we provision through the state. the point is that the most successful social welfare states are one where there's this universal pay-in and universal benefit. the way we're going with this inequality is talking about means testing and redistribution, which is away from a model of universal pay-in and universal benefit, that is the thing that is long-term sustainable. >> chris hayes, thank you for being here. host of "up with chris hayes." >>> one of the coolest things human beings has ever seen celebrat
but grover norquist is smart on this. even if it's more efficient, that makes it easier to raise taxes. i worry the compromise here is a tax code that gets high enough it's hurting the country because republicans one allow creation of real tax reform that would support it. >> the other problem. i totally agree. the other problem, you end up in a situation where we on the books have a progressive system. even compared to other countries. we pay much less in taxes overall, and we have much...
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but grover norquist is smart on this. even if it's more efficient, that makes it easier to raise taxes. a tax code that gets high enough it's hurting the country because they won't allow real tax reform to support it. >> i totally agree. you end up in a situation where we on the books have a progressive system. even compared to other countries. we pay much less in taxes overall and we have much stingier-defined public goods. the point is that the most successful social welfare states are one where there's this universal pay in. the way we're going with this inequality is talking about means testing, which is a way from a model of universal pay in and benefit. that's sustainable. >> chris hayes, thank you for being here. >>> oneover the coolest things human beings has ever seen celebrates a big birthday. it's sort of a best new moment of geek and it's coming up. >>> still ahead, the amazing story behind this incredible photo. if you look closely, that's me just to the north of mexico. wait. that's not right. >>> in 1997 th
but grover norquist is smart on this. even if it's more efficient, that makes it easier to raise taxes. a tax code that gets high enough it's hurting the country because they won't allow real tax reform to support it. >> i totally agree. you end up in a situation where we on the books have a progressive system. even compared to other countries. we pay much less in taxes overall and we have much stingier-defined public goods. the point is that the most successful social welfare states are...
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and you're seeing grover norquist's grip fall apart. we really need to do this. this is a really important thing to do to improve the lives of young people. one thing to keep in mind, it is younger workers who are being hurt the most. the job gains are heavily among 55 and over. we don't want to have a society where we get cynical young people where there is no point in playing by the rules because you won't get a job any way. >> why not go over the cliff? if we go over the cliff, we're talking solving the financial problems. but we run the risk of another recession. i believe personally that we might dip a little bit, but it won't be anything like the first chart we showed. i mean, let's get rid of bush tax policy and start over. what about that? >> i think that that may well be a good idea. it's risky, ed. there's some risk as to what will happen. we don't know. but the fact is the government would then have all of this revenue. if it spends that revenue to create jobs and regardless of what the republicans say, government creates jobs all the time from school
and you're seeing grover norquist's grip fall apart. we really need to do this. this is a really important thing to do to improve the lives of young people. one thing to keep in mind, it is younger workers who are being hurt the most. the job gains are heavily among 55 and over. we don't want to have a society where we get cynical young people where there is no point in playing by the rules because you won't get a job any way. >> why not go over the cliff? if we go over the cliff, we're...
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norquist no tax increase at all and here you are agreeing to what is effectively a tax increase. and i think that both sides are going to have to give a little bit of something, and that 37% may be the golden median. >> doug, let's talk about the unemployment report that came out today. it shows 7.7% unemployment. you know, i know a lot of democrats want to say, oh, it's dropping, but it seems to me for months and months and months, the unemployment numbers have just remained awful. they move a little up and down, but they're just a mess. 12 million people unemployed. it seems to me that that could cut either way. republicans could still lean on that and say, you may be winning the pr war on this thing right now, but don't forget, you've got a big problem out there that you'll need our help on. >> i think there are three important things going on. the employment report was not strong. despite the top line number going down to 7.7%. the reason it fell is that another 350,000 people gave up looking entirely and left the labor force. that's not a good news story. on exactly the same
norquist no tax increase at all and here you are agreeing to what is effectively a tax increase. and i think that both sides are going to have to give a little bit of something, and that 37% may be the golden median. >> doug, let's talk about the unemployment report that came out today. it shows 7.7% unemployment. you know, i know a lot of democrats want to say, oh, it's dropping, but it seems to me for months and months and months, the unemployment numbers have just remained awful. they...
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and we've spent a lot of time talking about grover norquist, another person out of government in the mind of everyone serving in government. and that is a way to make change. >> ryan, we talked about the heritage foundation. and if he is going to be an activist, is heritage the right place to go? senator demint is the one who said if we're able to stop obama on the affordable care act, it will be his waterloo. it will break him. the idea for an individual mandate which is the centerpiece of the affordable care act was birthed at the heritage foundation. >> right. but i think jim demint can kind of shape the heritage foundation to his political will. and the fact that he is able to go to the heritage foundation actually says a lot about where the two parties are on the spectrum. you could never imagine a democratic senator the equivalent of demint. you know, you couldn't imagine somebody like bernie sanders, for instance. you couldn't imagine him going to run the center for progress there is too much daylight between the establishment in washington and the kind of left wing of the dem
and we've spent a lot of time talking about grover norquist, another person out of government in the mind of everyone serving in government. and that is a way to make change. >> ryan, we talked about the heritage foundation. and if he is going to be an activist, is heritage the right place to go? senator demint is the one who said if we're able to stop obama on the affordable care act, it will be his waterloo. it will break him. the idea for an individual mandate which is the centerpiece...
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they've got to get through the rocky shoels of grover norquist. >> well this isn't a progress report because there's no progress to report. the phone call was pleasant, but was just more of the same. >> what do we to make of that. the rocky shoals of norquist versus stalemate. >> i think this feels to me like the theater, feels like ka bookie theater, but the story of washington once in a while in these performance is somebody knifes somebody else. i think there's -- >> no disrespect to ka bookie but sometimes it's cloak and dagger. >> and there's this fear that maybes this will go off the rails. also i think been lots and lots of hype about -- i mean the metaphor of a cliff, the need to fill cable news hours at times, i think there's times this sense that a catastrophe is about to strike. most people following it closely think it's likely to get resolved. jobs numbers matter a lot less the month after the election. tiny popularity issues are not the central factor here. it's these negotiations between two guys. >> ayman you're inside the capitol dome right now. what is the sense? we
they've got to get through the rocky shoels of grover norquist. >> well this isn't a progress report because there's no progress to report. the phone call was pleasant, but was just more of the same. >> what do we to make of that. the rocky shoals of norquist versus stalemate. >> i think this feels to me like the theater, feels like ka bookie theater, but the story of washington once in a while in these performance is somebody knifes somebody else. i think there's -- >>...
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grover norquist saying we need to put a leash on the president. not okay. twenty-nine minutes after the hour. right back on the "stephanie miller show." ♪ very, very excited about that and very proud of that. >>beltway politics from inside the loop. >>we tackle the big issues here in our nation's capital, around the country and around the globe. >>dc columnist and four time emmy winner bill press opens current's morning news block. >>we'll do our best to carry the flag from 6 to 9 every morning. >>liberal and proud of it. where you don't back down from a challenge. this is the age of knowing how to make things happen. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four ho
grover norquist saying we need to put a leash on the president. not okay. twenty-nine minutes after the hour. right back on the "stephanie miller show." ♪ very, very excited about that and very proud of that. >>beltway politics from inside the loop. >>we tackle the big issues here in our nation's capital, around the country and around the globe. >>dc columnist and four time emmy winner bill press opens current's morning news block. >>we'll do our best to...
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they've got to get through the rocky shoals of grover norquist. >> congresswoman, some democrats are saying that this is not the situation, it's not going to be mano, as we've been saying. what do you know about that in terms of how they are negotiating and is it the best for them to be one on one? >> well, i think it does not hurt for them to be one on one. i have to be concerned about what the leaders are saying about being excluded. but if we take this moment and if this is what they have decided to do, let them go in there and say something to each other, that they feel they cannot say with anyone else in the room and see if that's going to move this forward. i don't think it hurts to have them do one on one for a part of this negotiation. >> and as we get to the negotiations, what is the give and take. if speaker john boehner is, as our political director chuck todd says, ready to eat their own on the tax rate, do you go for 37 instead of 39.5 or 35? on what entitlements do you believe democrats are ready to eat their own? >> well, first of all, on the tax rate, i do think that
they've got to get through the rocky shoals of grover norquist. >> congresswoman, some democrats are saying that this is not the situation, it's not going to be mano, as we've been saying. what do you know about that in terms of how they are negotiating and is it the best for them to be one on one? >> well, i think it does not hurt for them to be one on one. i have to be concerned about what the leaders are saying about being excluded. but if we take this moment and if this is what...
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it is ridiculous that the grover norquist pledge is taken by people we need to raise revenue. the president has to lead and not follow from behind on cutting the growth in entitlements. when people say we are going to cut spending, no, we are going to cut the growth of spending. medicare, medicaid, social security and other discretionary things in the budget. the gap is too wide. other people have pointed out we need revenue at 18.5% of gdp. we need expenditures at 21%. another point that i would like to make is the consumer has pretty much tapped out. if you look at nominal gdp it was up in the last quarter, personal income is only up 3%. that is a bad sign people are just saving and in solving credit is going back up. installment credit is up 11.7% year over year. a lot of these factors do not bode well. dagen: thank you for shaking me up this morning, scott. it was great to see you, as always. terrific insight. scott bloch. >> thank you very much. connell: we will show you what it means for companies and whether others will follow suit. dagen: he is one of the gang of eight
it is ridiculous that the grover norquist pledge is taken by people we need to raise revenue. the president has to lead and not follow from behind on cutting the growth in entitlements. when people say we are going to cut spending, no, we are going to cut the growth of spending. medicare, medicaid, social security and other discretionary things in the budget. the gap is too wide. other people have pointed out we need revenue at 18.5% of gdp. we need expenditures at 21%. another point that i...
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they've got to get through the rocky shoals of grover norquist. >> does that make it easier to keep politics out of it? >> i think it helps for the two men to make a deal that might work for all sides. i sound like i'm a broken record for myself but i'm still trying to find out if both parties are trying to find a win-win deal, something that they can both sell as a win or if one or both is simply trying to get everything they want and let the other guy -- >> but can the other side do that? it would seem if the momentum is with the president, he would be the one more likely to dig in and say, i'm going to take a clear win. >> true. and it's possible that the president, given how the election went and given the fact that a couple of years ago he had to give what the republicans wanted on the taxes issue might say, look, i've had enough. i'm not doing that anymore. however, if there's going to be a deal that's going avert the cliff, the speaker can cannot sell just anything. he's going to have to get entitlement reform or significant spending cuts that are guaranteed. otherwise, his people wil
they've got to get through the rocky shoals of grover norquist. >> does that make it easier to keep politics out of it? >> i think it helps for the two men to make a deal that might work for all sides. i sound like i'm a broken record for myself but i'm still trying to find out if both parties are trying to find a win-win deal, something that they can both sell as a win or if one or both is simply trying to get everything they want and let the other guy -- >> but can the other...
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grover norquist saying we need to put a leash on the president. not okay. twenty-nine minutes after the hour. right back on the "stephanie miller show." ♪ exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in syria, fraud on wall street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things everyday exploding around the world that leave no shortage for exciting conversations. i want our viewer to understand why things have happened. at the end of the show, you know what has happened, why its happened and more importantly, what's going to happen tomorrow. ♪ >> announcer: stephanie miller. >> i'm going to walk around i think my vagina is asleep. [ laughter ] >> was that aisha? sounds like something she would say. >> stephanie: it doesn't need to be awake anyway nothing is going on. >> ah. >> stephanie: nick in l.a. welcome. >> caller: hi, how are you doing, steph. first time caller and i'm [ inaudible ] iraq war veteran -- [ inaudible ] panama war.
grover norquist saying we need to put a leash on the president. not okay. twenty-nine minutes after the hour. right back on the "stephanie miller show." ♪ exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in syria, fraud on wall street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things everyday exploding around the world that leave no shortage for exciting conversations....
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we are the grover norquist party. makes grover actually have to, you know, have to grovel a little bit. i think that's part of the motivation going on here. i don't see why the add miles per hourstration goes on -- gives itn on entitlement cuts. maybe it's parted of the debt ceiling situation. they don't have to do it now. i don't see why they would. >> the bottom line i have heard from the president and pr-jay carney over and over and over again is tax rates must go up for the top 2% and if they don't get legislation, then -- >> they will go up. >> they will go up. >> but they have not been firm. >> i was going to add that, too. that question has been asked multiple times. every time it's asked, you know, they will say what they say is tax rates have to go up but do they have to go up to 39.6? the tax rates on the wealthy have to go up. i think they would accept 37 if they get for example a deal on the debt ceiling. >> they are not getting that. >> wait. >> get something for it, i think they would accept. >> 39.6. yo
we are the grover norquist party. makes grover actually have to, you know, have to grovel a little bit. i think that's part of the motivation going on here. i don't see why the add miles per hourstration goes on -- gives itn on entitlement cuts. maybe it's parted of the debt ceiling situation. they don't have to do it now. i don't see why they would. >> the bottom line i have heard from the president and pr-jay carney over and over and over again is tax rates must go up for the top 2% and...
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they've got to get through the rocky shoals of grover norquist. >> right. >> and all those folks. >> and you have to get through the rocky shoals of nancy pelosi when you start talking entitlements. >> you see democrats who are, i think, talking very realistically about what needs to be done. on entitlements, i think the question isn't whether we have to do something about medicare, it's how we do something about medicare. >> so wouldn't that be -- and maybe it's naive of me to even bring this up -- but wouldn't that be important for them to take on what those are together and shoulder to shoulder? >> what i remember last summer when the president said to boehner essentially, let's lock arms and jump off the, you know, at that point it was a different kind of cliff, together. it's going to require both leaders. each is going to have to make sacrifices. in order to get this done. and i think that, you know, i think everybody recognizes the consequences of not getting it done. >> so how do you tell republicans that won't support a tax increase unless they believe entitlement reform's c
they've got to get through the rocky shoals of grover norquist. >> right. >> and all those folks. >> and you have to get through the rocky shoals of nancy pelosi when you start talking entitlements. >> you see democrats who are, i think, talking very realistically about what needs to be done. on entitlements, i think the question isn't whether we have to do something about medicare, it's how we do something about medicare. >> so wouldn't that be -- and maybe it's...